Managers Need to Be Cautious About Biases That Can Encroach

question 14

Multiple Choice

Managers need to be cautious about biases that can encroach and therefore impact their decisions.Which one of the following biases results from believing certain outcomes because others believe the same?

• A)confirmation
• B)loss aversion
• C)bandwagon
• D)overconfidence
• E)unrealistic optimism

Solve basic arithmetic problems involving multiplication, addition, and subtraction of whole numbers, decimals, and fractions.

Apply arithmetic operations correctly in real-world contexts, such as dosage calculation and kitchen measurements.

Recognize and utilize different measurement systems and their units, including metric, household, and apothecary systems.

Understand and manipulate fractions and decimals, including adding, subtracting, multiplying, dividing, and converting between improper and mixed fractions.

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Definitions:

Developmental Stage

A phase in an individual's life characterized by specific milestones in physical, emotional, cognitive, and social development.

Middle Childhood

A developmental stage that covers the period from approximately 6 to 12 years of age, highlighting social, cognitive, and physical growth.

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